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Dec 22, 2012
12/12
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the right message is cutting spending. >> reporter: a defeated speaker boehner said the president and senate leaders would now have to take the lead in finding a resolution to avert the fiscal cliff. >> how we get there god only knows. >> reporter: mr. speaker, it sounds like you're walking away from talks with the president. >> no, no, no. no, listen, i do not say that. nobody ought to read anything into this. we've got differences but the problem -- the country's got big spending problems and we've got to get serious added a dressing them. >> reporter: but this isn't the first time that something like this has happened in talks with the president. why should he have faith that when you negotiate with him that your members are behind him. >> listen, the president knows i've always been able to deliver on any promise i've made with him. >> reporter: it might sound like the smaller less ambitious package that the president is proposing tonight would be easier for the speaker to pass but it actuality might be more difficult for him to get republicans on board if it doesn't include that
the right message is cutting spending. >> reporter: a defeated speaker boehner said the president and senate leaders would now have to take the lead in finding a resolution to avert the fiscal cliff. >> how we get there god only knows. >> reporter: mr. speaker, it sounds like you're walking away from talks with the president. >> no, no, no. no, listen, i do not say that. nobody ought to read anything into this. we've got differences but the problem -- the country's got...
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Dec 8, 2012
12/12
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. >> reporter: both parties are leaving the talks to president obama and house speaker john boehner. here on capital hill, boehner says he is still waiting for the white house to respond to the latest gop proposal. >> this isn't a progress report because there's no progress to report. >> republicans are offering to extend tax breaks for all americans, close tax loopholes and cut nearly $1.5 trillion in spending. >> i came out the day after the election to put revenues on the table to take a step toward the president to try to resolve this. when is he going to take a step toward us. >> jay david cox sees real conqueenses if the country goes over the cliff. >> -- consequences if the country goes over the cliff. >> there would be a lot of employees who would be furloughed or lose their job. >> speaker boehner says he will be staying in town this weekend ready to negotiate with the president. danielle nottingham, cbs news washington. >>> a car can't be registered at the dmv. turning buyers and sellers into big losers. >>> when it comes to early december weather, does it get any better th
. >> reporter: both parties are leaving the talks to president obama and house speaker john boehner. here on capital hill, boehner says he is still waiting for the white house to respond to the latest gop proposal. >> this isn't a progress report because there's no progress to report. >> republicans are offering to extend tax breaks for all americans, close tax loopholes and cut nearly $1.5 trillion in spending. >> i came out the day after the election to put revenues on...
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Dec 11, 2012
12/12
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. >> private face to face talks were revised this weekend when house speaker boehner went over to the white house. neither side is releasing details about the conversation, but taxes are still the big sticking point. >> i'm not going to have a situation where the wealthiest among us, including folks like me get to keep all our tax break. >> while republicans have adamantly opposed raising taxes, now some are considering it if democrats agree to social security and medicare changes. republicans were disappointed with the proposed spending cuts in the president's first offer which do not include changes to entitlement programs. >> we have got to do something about the spending. an obsession to raise taxes is not going to solve the problem. >> advocates for seniors want social security and medicare out of the fiscal cliff debate. >> don't talk about them as if they are give aways. these are programs that people have paid for over their entire working lives and have earned these programs. >> if lawmakers and the president don't find a compromise, taxes for all americans will go up and acr
. >> private face to face talks were revised this weekend when house speaker boehner went over to the white house. neither side is releasing details about the conversation, but taxes are still the big sticking point. >> i'm not going to have a situation where the wealthiest among us, including folks like me get to keep all our tax break. >> while republicans have adamantly opposed raising taxes, now some are considering it if democrats agree to social security and medicare...
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Nov 15, 2012
11/12
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. >> reporter: but republican house speaker john boehner has balked at that idea. it would take away most of his party's leverage in fiscal cliff negotiations. >> there are a lot of issues on the table that have to be resolved by the end of the year, and i think i've laid out a reasonable framework where both parties can work together, and i'm looking forward to going down to the white house on friday and beginning that conversation. >> reporter: boehner and other top republicans have proposed eliminating deductions and loopholes that benefit the wealthy instead raising their tax rates. >> we are not going to hurt our economy and make job creation more difficult which is exactly what that plan would do. >> reporter: today the president argued closing loopholes alone won't be enough to cut the deficit. he'll have that argument face to face with wayne or friday. one of the most frequent criticisms we've heard over the past few years from members on both sides if you haven't done enough to reach out and build relationships. are there concrete ways you plan to approach
. >> reporter: but republican house speaker john boehner has balked at that idea. it would take away most of his party's leverage in fiscal cliff negotiations. >> there are a lot of issues on the table that have to be resolved by the end of the year, and i think i've laid out a reasonable framework where both parties can work together, and i'm looking forward to going down to the white house on friday and beginning that conversation. >> reporter: boehner and other top...
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Nov 13, 2012
11/12
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boehner made it clear that while republicans don't want tax rates to rise, they are open to collecting additional revenue. on the other side, president obama reiterated that he wants the wealthiest americans pay more taxes but he did not demand that tax rates rise to collect the money. if we read between the lines it looks like a deal could be cut to limit itemized deductions for the wealthiest americans. that's schedule a and some o of the popular deductions include mortgage interest or charitable contributions, property taxes and state and local taxes, we could see a deal around the itemized deductions. >> i don't want to be the grim reaper, what if they don't get a deal done, we're in trouble. >> 80 to 90% of americans are going to see their taxes increase, maybe by 3500 dollars on average, 2 grand for middle income americans. if you're a low to middle wage earner. here's what you would lose, the valuable earned income tax credit and payroll tax would go up by a couple percent. if you're in the upper middle wage category, you're going to have a higher tax bract, an increase in cap l
boehner made it clear that while republicans don't want tax rates to rise, they are open to collecting additional revenue. on the other side, president obama reiterated that he wants the wealthiest americans pay more taxes but he did not demand that tax rates rise to collect the money. if we read between the lines it looks like a deal could be cut to limit itemized deductions for the wealthiest americans. that's schedule a and some o of the popular deductions include mortgage interest or...
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Nov 15, 2012
11/12
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. >> reporter: but john boehner has balked at that idea. it would take away his party's leverage in fiscal cliff issues. >> there's a lot of issues on the table that need to be resolved. i laid out a reasonable framework where both parties can work together and i'm looking forward to meet at the white house on friday and begin that conversation. >> reporter: boehner and other top republicans have proposed eliminating deductions and loopholes that benefit the wealthy instead of raising their tax rates. >> we're not going to hurt our economy and make job creation more difficult, which is exactly what that plan would do. >> reporter: today the president argued closing loopholes alone won't do enough to cut the deficit. they will have that argument face to face with boehner on friday. >> one of the most frequent criticisms we've heard over the past few years from members on both sides is that you haven't done enough to reach out and build relationships. are there concrete ways that you plan to approach your relationships with congress in the se
. >> reporter: but john boehner has balked at that idea. it would take away his party's leverage in fiscal cliff issues. >> there's a lot of issues on the table that need to be resolved. i laid out a reasonable framework where both parties can work together and i'm looking forward to meet at the white house on friday and begin that conversation. >> reporter: boehner and other top republicans have proposed eliminating deductions and loopholes that benefit the wealthy instead of...
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Nov 29, 2012
11/12
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reporter: obama administration officials will look for some middle ground in separate meetings with boehner and other congressional leaders on capitol hill thursday. danielle nottingham, cbs news, washington. >>> even though it's too late to cash in on tonight's powerball jackpot, when california might get into the game. >> the fallout at apple from the misfire on maps. ,, ,,,,,,,,,,,,,, tonight, after making her 1- million dollars richer! ye] nguyen claimed h >>> a milpitas woman is thanking her brother tonight after making her $14 million richer. she claimed her super lotto jackpot prize today but it was her brother who bought the winning ticket in september when she couldn't get to the store. so now she is planning to share her winnings of course with her brother and family. >> better! >>> california may add powerball to its lottery games. but unfortunately, not in time for tonight's half billion- dollar jackpot. hopefuls were lining up for the that little piece of paper that could change their lives. tickets are selling at a rate of 130,000 a minute! they are like 42 states in this. jac
reporter: obama administration officials will look for some middle ground in separate meetings with boehner and other congressional leaders on capitol hill thursday. danielle nottingham, cbs news, washington. >>> even though it's too late to cash in on tonight's powerball jackpot, when california might get into the game. >> the fallout at apple from the misfire on maps. ,, ,,,,,,,,,,,,,, tonight, after making her 1- million dollars richer! ye] nguyen claimed h >>> a...
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Dec 14, 2012
12/12
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president obama and speaker john boehner have met trying to hammer out a deal on the fiscal cliff. the discussion was described as frank. the president is apparently holding firm on taxing the wealthy and there are signs of dissension among the republican ranks. susan mcginnis starts us off this morning. susan, good morning to you. >> hi. good morning, terrell. the two men met for less than an hour, and that's not an encouraging sign. neither of them spoke during the meeting but what we heard before and after is neither side is budging on their core decisions, this as time to make a deal grows shorter. house speaker john boehner made the short trip up pennsylvania avenue to the white house thursday to talk to president obama about the fiscal cliff. the tax hikes and spending cuts set to kick in january 1st. they met for nearly an hour. both sides describe the discussion as frank. >> i think speaker boehner has a contentious caucus. >> the president wants to pretend that spending isn't a problem. that's why we don't have an agreement. >> president obama insists on raising taxes on t
president obama and speaker john boehner have met trying to hammer out a deal on the fiscal cliff. the discussion was described as frank. the president is apparently holding firm on taxing the wealthy and there are signs of dissension among the republican ranks. susan mcginnis starts us off this morning. susan, good morning to you. >> hi. good morning, terrell. the two men met for less than an hour, and that's not an encouraging sign. neither of them spoke during the meeting but what we...
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Dec 30, 2012
12/12
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to not move dismingz not ever establish the process-- i think speaker boehner has done a good job in the members he has. i think they maid mistake in not supporting plan b. we would have modified it and sent it back and then they would have had it make a decision on it. the basic fact is the government is twice the size it was 11 years ago. and nobody in washington is doing anything to fix the growth of government to where we have one that we can afford. un, we're going to have to grow at 8%, 9%, if we think we can outgrow it. that isn't going to happen. we have to do the things we have to modernize medicare. we have to achieve real save that is won't change health care but will actually save some money. >> o'donnell: do you think there's an advantage to going over the fiscal cliff? >> i think there are a couple of advantages. therthere are a lot of disadvantages. one of the advantages is the american people will see what the real cost of their government is the actual real cost for the very wealthy, the very, very low will have minimal impact on. it's about $200 a year. for the very
to not move dismingz not ever establish the process-- i think speaker boehner has done a good job in the members he has. i think they maid mistake in not supporting plan b. we would have modified it and sent it back and then they would have had it make a decision on it. the basic fact is the government is twice the size it was 11 years ago. and nobody in washington is doing anything to fix the growth of government to where we have one that we can afford. un, we're going to have to grow at 8%,...
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Nov 8, 2012
11/12
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boehner could not and what resulted instead were the outlines of the fiscal cliff. the speaker is now floating the idea of a different grand bargain. scott, the idea is to delay the entire fiscal cliff for a year to give congress the time to work on tax and entitlement reform. >> pelley: wyatt, thanks, john dickerson is our cbs news political director. you just heard what wyatt said. does that sound like the beginning of progress? >> well, the president and republican leaders are talking about cooperation and after the 2010 election there was a flurry of activity. one thing that's changed that might suggest both sides can work together is that because the president's no longer up for reelection republicans can work with him and know they're not helping his political fortunes. now, they still have to calculate their own political fortunes, and that's under way. the election was just yesterday. let's look at mitch mcconnell, the leader of the republicans in the senate. he's got a reelection in 2014. does he cooperate because he's up for reelection or does he not coope
boehner could not and what resulted instead were the outlines of the fiscal cliff. the speaker is now floating the idea of a different grand bargain. scott, the idea is to delay the entire fiscal cliff for a year to give congress the time to work on tax and entitlement reform. >> pelley: wyatt, thanks, john dickerson is our cbs news political director. you just heard what wyatt said. does that sound like the beginning of progress? >> well, the president and republican leaders are...
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Nov 29, 2012
11/12
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and that the fact that speaker boehner himself isn't sitting down with the president shouldn't be taken as a sign that talks aren't progress, scott. >> pelley: time is running, thanks, nancy. we've been get a lot of encouraging news about the economy lately and we got more today. in its most recent survey, the federal reserve found that consumer spending and economic growth are up in all regions of the country except those affected by hurricane sandy. moving on now to syria's civil war. at least 34 people were killed today when two car bombs ripped through a suburb of damascus. syria's assad dictatorship has been trying to crush a rebellion that broke out more than a year and a half ago. it is very rare for western journalists to report from inside the capital, but elizabeth palmer is there for us tonight. >> reporter: today's bombing spilled the blood of neighbors and friends. jaramana is a tight-knit community of christians and jews. religious minority groups in syria who are traditional supporters of president bashar al-assad. after the huge explosion, local people immediately pitche
and that the fact that speaker boehner himself isn't sitting down with the president shouldn't be taken as a sign that talks aren't progress, scott. >> pelley: time is running, thanks, nancy. we've been get a lot of encouraging news about the economy lately and we got more today. in its most recent survey, the federal reserve found that consumer spending and economic growth are up in all regions of the country except those affected by hurricane sandy. moving on now to syria's civil war....
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Apr 18, 2012
04/12
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"cbs this morning" anchor charlie rose asked house speaker john boehner about the next phase of the romney campaign. >> reporter: does he need reset his campaign? does he need to get together and say to himself and to you and to the leadership in the senate, i want to take this opportunity to redefine myself, because many americans have not focused on this sort of thing? >> well, that's pretty hard to do. but after any primary, there's always a little retooling. always some adjustments in terms of now you have a different opponent. and so i think you'll see some new things out of this campaign. >> reporter: like what? >> a real focus on what the election's going to be about. economics, economics, economics. >> and later this morning you can see more of charlie rose's interview with boehner on "cbs this morning." >>> coming up on the morning news -- an honor overdue. the white house will salute a war hero 42 years after he died, saving fellow soldiers during the vietnam war. >>> first, scott pelley with a preview of tonight's "cbs evening news." >>> they're the american heroes who carried o
"cbs this morning" anchor charlie rose asked house speaker john boehner about the next phase of the romney campaign. >> reporter: does he need reset his campaign? does he need to get together and say to himself and to you and to the leadership in the senate, i want to take this opportunity to redefine myself, because many americans have not focused on this sort of thing? >> well, that's pretty hard to do. but after any primary, there's always a little retooling. always...
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Dec 18, 2012
12/12
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congressional sources say boehner has most house republicans with him. here's the catch, republicans want mr. obama to agree to one puillion in spending cuts, mostly coming from medicare and medicaid. republicans want to raise the medicare eligibility age and reduce cost of living adjustments to social security. these have been red lines for the white house but the president is considering them now aides to both leaders say the president and the speaker feel the weight of this moment id know they can help a grieving nation by ending weeks of grieving acrimony. obstacles remain. but for the first time talk of a final compromise is no longer theoretical. >> pelley: major, thank you, [ male announcer ] with free package pickup from the u.s. postal service the holidays are easy. visit usps.com. pay, print, and have it picked up for free before december 20h for delivery in time for the holidays. you can even give us special instructions on where to find it. free package pickup. from the u.s. postal service. because it's nice to have an extra pair of hands aro
congressional sources say boehner has most house republicans with him. here's the catch, republicans want mr. obama to agree to one puillion in spending cuts, mostly coming from medicare and medicaid. republicans want to raise the medicare eligibility age and reduce cost of living adjustments to social security. these have been red lines for the white house but the president is considering them now aides to both leaders say the president and the speaker feel the weight of this moment id know...
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May 16, 2012
05/12
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he plans to give them a to-do list, but house speaker john boehner made very clear yesterday what he won't do. susan mcginnis is in washington with more. good morning, susan. >> reporter: good morning. it looks like we are headed for a replay of what happened last year when the nation was headed toward a debt cliff. the battle lines were drawn yesterday during a deficit summit just ahead of a meeting with the president today. president obama will meet with the heads of both parties today to push for a series of bills he says will create jobs and build a stronger economy. >> that's why we make congress a handy to-do list, just like the kind i get from michelle. >> reporter: it includes eliminating tax breaks for companies that send jobs overseas, giving tax breaks to small businesses hiring u.s. workers, extending tax breaks for clean energy companies, refinancing help for homeowners and job search assistance for veterans. but one more item could emerge at this meeting. another battle lies ahead on raising the nation's debt ceiling, which will be reached by year end. house speaker joh
he plans to give them a to-do list, but house speaker john boehner made very clear yesterday what he won't do. susan mcginnis is in washington with more. good morning, susan. >> reporter: good morning. it looks like we are headed for a replay of what happened last year when the nation was headed toward a debt cliff. the battle lines were drawn yesterday during a deficit summit just ahead of a meeting with the president today. president obama will meet with the heads of both parties today...
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Dec 25, 2012
12/12
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lor:lor: nancy, the white house ouses they have a much better chance dealing with reid as opposed to boehner? >> well, jeff, essentially they're hoping-- democrats are-- that republicans will consider piis plan even if they don't rike it the last train leaving the station so that even if this is not the package that republicans would have chosen, en,t they'll vote for it anyway vote fe otherwise taxes will go taxor everyone on january 1. >> glor: nancy cordes in hawaii. nancy, thank you. the fiscal cliff could mean severe cutbacks and layoffs in cliff couelds, like many medical research. that's forcing leaders to make mugh choices right now. here's wyatt andrews. he andreporter: professor kerri mowen, like hundreds of medical kerearchers, has already fallen off the fiscal cliff. her budget-- which relies on of federal grants-- is being cut by - % now as the n.i.h.-- the national institutes of health-- prepares for the possibility of utes of hes later. >> it's much bigger than just my lab. it's affecting all academic labs across this country. >> reporter: mowen, who studies rheumatoid arthrit
lor:lor: nancy, the white house ouses they have a much better chance dealing with reid as opposed to boehner? >> well, jeff, essentially they're hoping-- democrats are-- that republicans will consider piis plan even if they don't rike it the last train leaving the station so that even if this is not the package that republicans would have chosen, en,t they'll vote for it anyway vote fe otherwise taxes will go taxor everyone on january 1. >> glor: nancy cordes in hawaii. nancy, thank...
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Nov 12, 2012
11/12
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i would love to see how the obama-boehner golf game part two might go because boehner now has to make a choice. he has a alaska, and he is kind of a deal maker by natural inclination. he has to figure out what his 230-some-odd members took away from this election. how many of relexingtonned tea party type members feel they were sent to washington because they refused to comexprms how many are available for the new kind of compromise necessary to get a grand bargain. where he lands is the most interesting question to me. >> schieffer: what happens next, david? let's just talk about this. unless they find some compromise here, you're going to see these horrendous across-the-board cuts in defense and social programs. you're also going to see these tax cuts expire, which means everybody gets a tax increase. do you think they can do it before the end of the year? or will they just kick it down the road? >> i think they can find a way to postpone the fiscal cliff for another six months a year. i think that's certainly doable because everybody understands you're going to get tipped into rece
i would love to see how the obama-boehner golf game part two might go because boehner now has to make a choice. he has a alaska, and he is kind of a deal maker by natural inclination. he has to figure out what his 230-some-odd members took away from this election. how many of relexingtonned tea party type members feel they were sent to washington because they refused to comexprms how many are available for the new kind of compromise necessary to get a grand bargain. where he lands is the most...
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Jan 25, 2012
01/12
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. >> reporter: house speaker john boehner believes tonight's speech will be nothing more than the president asking for a second term. >> since the campaign apparently wrote the speech, i expect we'll hear a campaign speech. >> reporter: tomorrow, the president takes his message on the road hitting five states in three days. a couple of things to look out for tonight. congresswoman gabrielle giffords will attend the address after announcing her retirement this week. and indiana governor mitch daniels will deliver the formal republican response. on capitol hill, danielle nottingham, cbs 5. >>> and here's live look at the white house this evening. the president will give his address in about an hour. the economy will be a major the final with the president saying millions of americans who work hard and play by the rule every day deserve a government and financial system that do the same. it's time to apply the same rules from top to bottom. no bailouts, no handouts, and no copouts. the state of the union will air on cbs 5 right after the evening news. and stay tuned for a special edition of ey
. >> reporter: house speaker john boehner believes tonight's speech will be nothing more than the president asking for a second term. >> since the campaign apparently wrote the speech, i expect we'll hear a campaign speech. >> reporter: tomorrow, the president takes his message on the road hitting five states in three days. a couple of things to look out for tonight. congresswoman gabrielle giffords will attend the address after announcing her retirement this week. and indiana...
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Jun 22, 2012
06/12
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. >> reporter: house speaker john boehner, not expected to attend the retreat, warned republicans on thursday not to overplay a supreme court victory. in a memo, he said, there will be no spiking of the ball. republicans are focused on the economy. we will not celebrate at a time when millions of americans remain out of work. now, what's unusual about this weekend's kind of secret summit is this access that these donors are getting to romney. of course, big time donors always have access to the candidate, and the campaign, but this is different. this is a much more organized and efficient way of just getting everybody together all at one time. charlie, erica? >> jen, thank you so much. >>> also in washington, cbs news political director john dickerson. good morning. >> good morning, charlie. >> what do we make of this, if anything? the people who support mitt romney getting together. the money people, the policy people, condoleezza rice. it all seems transparent. or is there something i'm missing? >> well, this is the fundraisers here, the people who gave $50,000 or raised $250,000 o
. >> reporter: house speaker john boehner, not expected to attend the retreat, warned republicans on thursday not to overplay a supreme court victory. in a memo, he said, there will be no spiking of the ball. republicans are focused on the economy. we will not celebrate at a time when millions of americans remain out of work. now, what's unusual about this weekend's kind of secret summit is this access that these donors are getting to romney. of course, big time donors always have access...
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Dec 12, 2012
12/12
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boehner tuesday. before boehner took to the house floor to criticize the president. >> the longer the white house ze slow walks this process the closer our economy gets to the fiscal cliff. >> reporter: mr. obama's new proposal lowered his request for tax revenue from $1.6 trillion in ten years to $1.4 trillion.trillion on tuesday the white house threw corporate tax reform into the mix, adding it to the already agreed upon push next year for reform of individual tax rates.dismisse boehner's described it as unrealistic and said the tax revenue was "a red herring." the top senate democrat doubted a fiscal cliff deal would be l cli wrapped in time for christmas. >> i think it's going to be extremely difficult to get it done before christmas. >> reporter: speaker boehner is meeting at this hour with house republicans. despite all the gloom the president said he remains confident a fiscal cliff deal will get done. charlie and norah? >> major garrett thank you. nancy pelosi leads the democratseads in the ho
boehner tuesday. before boehner took to the house floor to criticize the president. >> the longer the white house ze slow walks this process the closer our economy gets to the fiscal cliff. >> reporter: mr. obama's new proposal lowered his request for tax revenue from $1.6 trillion in ten years to $1.4 trillion.trillion on tuesday the white house threw corporate tax reform into the mix, adding it to the already agreed upon push next year for reform of individual tax rates.dismisse...
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Dec 28, 2012
12/12
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boehner is expected to attend the white house meeting but he's made it very clear. the next move is up to the senate. tara mergener has more. >> good morning, duarte. both sides say they are eager to talk and ready to strike a deal. the fiscal cliff is still a few days away, but business owner don carlino says he's already feeling the impact. >> a lot of our customers are holding back, they're apprehensive. they're not committing to projects. they're waiting to see what happens with the fiscal cliff. >> hope is fact if congress can get it done before january 1st. even congressional leaders are skeptical. >> the american people have a right to be very upset with this congress. >> president obama has invited nancy pelosi, john boehner, mitch mcconnell, and harry reid to the white house this afternoon for a fiscal cliff summit. >> here we are five days from the new year, and we might finally start talking. >> today's white house meeting might be the last chance to come to an agreement. that's because it takes time for a bill to work its way through both chamber of comm
boehner is expected to attend the white house meeting but he's made it very clear. the next move is up to the senate. tara mergener has more. >> good morning, duarte. both sides say they are eager to talk and ready to strike a deal. the fiscal cliff is still a few days away, but business owner don carlino says he's already feeling the impact. >> a lot of our customers are holding back, they're apprehensive. they're not committing to projects. they're waiting to see what happens with...
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Nov 13, 2012
11/12
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. >> on the house side that's clear that boehner is send inging a message to fellow republicans on the house, we've got to make extra steps that we didn't before? >> i think that's true and i think the president has responded by saying i'm not wedded to the idea of tax rate increases. i'll settle for more revenue, if that's the -- if that's what i can get. >> yuf got senyou've got senators reid and mcconnell. >> it was like arranging the peace talk ss. it wasn't easy. >> were they as uncomfortable as they look sitting next to each other? >> yes. >> yeah? >> yes. >> what did you learn from that? >> what can you say? they don't strike me as two guys that are going to sit down in a room over a whiskey and kind of work things out. they're very locked in their way s and they are both political tacticians. that's what they do. >> they are brilliant political tacticians. they are both good at what they do in outmaneuvering one another. they're so politically far apart. why should we expect a compromise bill to happen? >> i think the future of the party of republican party very much depends on
. >> on the house side that's clear that boehner is send inging a message to fellow republicans on the house, we've got to make extra steps that we didn't before? >> i think that's true and i think the president has responded by saying i'm not wedded to the idea of tax rate increases. i'll settle for more revenue, if that's the -- if that's what i can get. >> yuf got senyou've got senators reid and mcconnell. >> it was like arranging the peace talk ss. it wasn't easy....
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Dec 28, 2012
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president obama, john boehner, nancy pelosi and harry reid, many mitch -- mitch mcconnell all in one room. danielle nottingham tells us it maybe the last chance to get any kind of agreement to avoid that fiscal cliff. >> reporter: president obama is meeting today at the white house with top congressional democrats harry reid and nancy pelosi and leading republicans mitch mcconnell and john boehner. it's the president's first meeting with congressional leaders since november 16th. the closed door discussions are an attempt to reach a last minute agreement to avoid automatic spending cuts and tax increases due to kick in january 1st. >> probably the worst case scenario will come out of this meeting today and that is we will kick the can down the road. >> reporter: senator bob courter told cbs this morning he predicts the meeting will bring only a temporary solution. >> this afternoon's meeting feels much to me like optics to make it look like we're doing something. let me just say one more time this is a total dereliction of duty at every level. >> reporter: going over the cliff would
president obama, john boehner, nancy pelosi and harry reid, many mitch -- mitch mcconnell all in one room. danielle nottingham tells us it maybe the last chance to get any kind of agreement to avoid that fiscal cliff. >> reporter: president obama is meeting today at the white house with top congressional democrats harry reid and nancy pelosi and leading republicans mitch mcconnell and john boehner. it's the president's first meeting with congressional leaders since november 16th. the...
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Dec 13, 2012
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how would you rate speaker boehner's flexibility? leahere's no indication yet hatt the republican leadership is willing to acknowledge the basic fact that rates need to rise on the top 2%. >> reporter: the white house says it has been flexible, cutting mr. obama's tax increase request from $1.6 trillion to $1.4 trillion. uill unrealistic, republicans said. >> the president's call for $1.4 trillion worth of revenue. fhat cannot pass the house or or senate. w reporter: white house officials say republicans will find the president flexibility n future entitlement savings ond how income taxes must go inly if they give in on income tax rates. as much as ideology standing in the way now, is a lack of trust, that and a shared history of cutting deals with each side gives a little and survives politically. >> pelley: negotiations ley: negn. ryjor, thanks very much. we've been working today on that ootingng mall shooting in oregon last night. the police are now telling us us gunman was jacob roberts, 22 years old. 2e killed two shoppers, tota
how would you rate speaker boehner's flexibility? leahere's no indication yet hatt the republican leadership is willing to acknowledge the basic fact that rates need to rise on the top 2%. >> reporter: the white house says it has been flexible, cutting mr. obama's tax increase request from $1.6 trillion to $1.4 trillion. uill unrealistic, republicans said. >> the president's call for $1.4 trillion worth of revenue. fhat cannot pass the house or or senate. w reporter: white house...
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Jun 21, 2012
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boehner takes this to the house, he will be seen as one of the most extreme speakers. >> reporter: during an 18-month investigation holder turned over some 7600 documents. holder agreed to turn over more documents if committee chairman darrell issa would end the investigation. he refused. that's when holder asked the white house to invoke executive privilege to protect the documents. the president granted it. democrats say republicans are going after holder in a politically motivated witch hunt. >> he's been up here nine times testifying. >> reporter: republicans say they are trying to get to the truth about how guns that were part of the "fast and furious" operation ended up near the body of border patrol agent brian terry. he was killed in a shootout near the mexican border. >> we've assured that brian terry's family, mother and father, brothers and sisters, cousins, that there are other means that we will use to continue investigating. >> reporter: terry's parents say the president's decision to invoke executive privilege compounds their tragedy. now if the contempt resolution passes t
boehner takes this to the house, he will be seen as one of the most extreme speakers. >> reporter: during an 18-month investigation holder turned over some 7600 documents. holder agreed to turn over more documents if committee chairman darrell issa would end the investigation. he refused. that's when holder asked the white house to invoke executive privilege to protect the documents. the president granted it. democrats say republicans are going after holder in a politically motivated...
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Dec 11, 2012
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the big prize is still finding some way to get conservative republicans to vote with john boehner but you're right. this is the reason that all the details are in secret is because negotiators are kind of suggesting and hinting at ways they may bend and flex but the reason they never want any details to get public is that if one side is going to bend, they're going to expect the other side to bend, too, and only until everybody get their bending sort of alined can they present them to their sides because the minute democrats hear entitlements will be touched they'll want to know what they're getting in return. same with republicans. so you're right the same dynamic is in play. republicans say if we're going to raise tax rates what are we going to get in return. democrats say raising tax rates isn't much of a prize. we won the election. if you're asking us to do these big cuts -- >> what would happen if the president said to john boehner, this is where i will cut education and entitlements and medicare, what would the republicans do then? >> well, he's saying that in a way in these neg
the big prize is still finding some way to get conservative republicans to vote with john boehner but you're right. this is the reason that all the details are in secret is because negotiators are kind of suggesting and hinting at ways they may bend and flex but the reason they never want any details to get public is that if one side is going to bend, they're going to expect the other side to bend, too, and only until everybody get their bending sort of alined can they present them to their...
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Dec 19, 2012
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and although the president and house speaker john boehner have made headway on budget negotiations, boehner says he is going forward with the plan that is separate from the deal he is working on with the president. the white house and democratic lawmakers have already rejected boehner's plan b to stepped low tax rates to all americans except those who make a million dollars or more a year. the house will vote on the alternate plan thursday. >>> swiss bank ubs admits to fraud and agrees to pay more than $1 billion in fines. the settlement comes after an investigation found ubs bankers engaged in rigging the liber rate. >>> instagram backing off its policy to use photos in advertisements after a backlash from users and privacy advocates. despite that, the cofounder says the service was created to eventually make money and it will experiment with various forms of advertising. back to you. >> erica, we wanted to ask you about mark zuckerberg and his fairly substantial opening of his wallet. tell us about that. >> reporter: zuckerberg is donating close to $500 million in stock to charity. the 18
and although the president and house speaker john boehner have made headway on budget negotiations, boehner says he is going forward with the plan that is separate from the deal he is working on with the president. the white house and democratic lawmakers have already rejected boehner's plan b to stepped low tax rates to all americans except those who make a million dollars or more a year. the house will vote on the alternate plan thursday. >>> swiss bank ubs admits to fraud and agrees...
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Dec 22, 2012
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speaker boehner came to thehouse last week talking about this plan he had and he goes to the congress and can't get his own people to pass it. you know if this were a parliamentary system what happened, this would be seen as a vote of no confidence. generally in a parliamentary system they get a new leader after that. but the speaker said he's not going anywhere. other members of congress say they don't expect him to be challenged. they don't expect any kind of a coup, but what i understand is where does this put everybody? i mean if boehner comes back to the president with a proposal the president's going to say, well, yeah that's nice but do you have the votes to get that passed on your side. so i think it's going to be very, very difficult, and think this is -- this is going to test the president's romantic optimism as he called it because it's going to be hard. they still can do it of course but it's going to be very very difficult, i think. >> as you mentioned, this puts the speaker in an extremely difficult position. he doesn't have the full support of his party. at some point d
speaker boehner came to thehouse last week talking about this plan he had and he goes to the congress and can't get his own people to pass it. you know if this were a parliamentary system what happened, this would be seen as a vote of no confidence. generally in a parliamentary system they get a new leader after that. but the speaker said he's not going anywhere. other members of congress say they don't expect him to be challenged. they don't expect any kind of a coup, but what i understand is...
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Apr 18, 2012
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welcome back to cbs this morning. >> we'll have more with house speaker john boehner. we discussed mitt romney's race to the white house and then talked to the speaker about his working relationship with president obama as well as his own journey to the current position of power. >> it is often said when ronald reagan was president that they could get together and they could have a drink or have dinner. do you have dinner with the president? >> we don't have dinner. we have had drinks together before. >> it is not a problem of relationship. >> we get along fine. it's just that we disagree. even though we disagree on some major issues the american people expect us to find enough common ground to move the ball down the field to address america's challenges. i told the president anytime that i think that there is an idea whether his idea or my idea that would be good for our country i would be there to support it. >> what probe -- >> no mulligans. >> he is one of the presidentess that wants to take a mulligan. >> no. he and i are partners and we play by the rules. >> how
welcome back to cbs this morning. >> we'll have more with house speaker john boehner. we discussed mitt romney's race to the white house and then talked to the speaker about his working relationship with president obama as well as his own journey to the current position of power. >> it is often said when ronald reagan was president that they could get together and they could have a drink or have dinner. do you have dinner with the president? >> we don't have dinner. we have...
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Dec 1, 2012
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boehner has hinted that republicans might raise half of that, $800 billion, but only by reducing tax loopholes. >> getting rid of special interest deductions and not raising rates we think is better for the economy, pure and ecole. >> reporter: there is also a gap on spending cuts. yemocrats say they've already agreed to cut one trillion dollars from future spending, republicans, including majority leader eric cantor, responded with this: >> all of a sudden they're asking for $1.6 trillion in tax hikes and nowhere near that number in spending reforms. >> reporter: democrats are angling to raise taxes on the rich now and negotiate tax reform and spending cuts later. house minority leader nancy anlosi said the republican hard line is softening behind the scenes. >> i do know that many of the members there that they are ready to vote for middle income tax cut. >> reporter: both sides admit they have to make compromises in order to cut a deal. but, scott, what's happening isght now is that both sides are playing the clock hoping the pressure builds on the other side to compromise first.
boehner has hinted that republicans might raise half of that, $800 billion, but only by reducing tax loopholes. >> getting rid of special interest deductions and not raising rates we think is better for the economy, pure and ecole. >> reporter: there is also a gap on spending cuts. yemocrats say they've already agreed to cut one trillion dollars from future spending, republicans, including majority leader eric cantor, responded with this: >> all of a sudden they're asking for...
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Nov 29, 2012
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but house speaker john boehner isn't ready to budge yet. >> it will hurt small businesses, hurt our economy. it's why this is not the right approach. >> reporter: on capitol hill on wednesday, erskine bowles met with both sides. he's the co-chair of the committee that drew up a plan to cut the federal debt. >> i'm hopeful but don't put me down anywhere near optimistic category. we got a long way to go and very few days to get it done. >> reporter: and some signs of compromise from the democrats. the house democratic leader nancy pelosi is giving some hints her party may be willing to consider some of those offers made between the president and speaker boehner during last year's budget talks including cuts to medicaid and medicare and one more sign two sides are moving together. today president obama is hosting mitt romney for lunch. it's closed to the press but those fiscal cliff talks will be part of that discussion. >> curious minds will want to know. susan, thank you. the fiscal issue of another sort, the record setting powerball jackpot. we like talking about this fiscal issue. this mor
but house speaker john boehner isn't ready to budge yet. >> it will hurt small businesses, hurt our economy. it's why this is not the right approach. >> reporter: on capitol hill on wednesday, erskine bowles met with both sides. he's the co-chair of the committee that drew up a plan to cut the federal debt. >> i'm hopeful but don't put me down anywhere near optimistic category. we got a long way to go and very few days to get it done. >> reporter: and some signs of...
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Nov 17, 2012
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one of the issues with the fiscal cliff is what kind of legacy would john boehner or the president leave behind when they leave office if they can't get a deal done and what about a second term compromising and going your own route. >> terrific point. the big things that have happened in our country's history, the big pieces of legislation have either come when we've had enormous majorities of one party or the other, the great society, president johnson and a huge land side, lying majorities in congress, or with a compromise. what we've not had historically is closely fought vague important things happen. big reform. and in this case the president has the senate but he also has a republican house. and so i think and i'll look at this from thomas jefferson, you look at it with ronald reagan it goes all the way through, presidents who manage to give as well as to take particularly in a second term do the best. >> john your said in your article that the president should be careful about the conventional wisdom for second terms for presidents. what did you mean? >> i don't think he should cl
one of the issues with the fiscal cliff is what kind of legacy would john boehner or the president leave behind when they leave office if they can't get a deal done and what about a second term compromising and going your own route. >> terrific point. the big things that have happened in our country's history, the big pieces of legislation have either come when we've had enormous majorities of one party or the other, the great society, president johnson and a huge land side, lying...
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Dec 7, 2012
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parties are leaving negotiations to the two main power brokers, president obama and house speaker john boehner. >> if the president doesn't agree with our proposal, he has an obligation to families and small businesses to offer a plan of his own. a plan that can pass both chambers of the congress. >> reporter: with the clock ticking toward the fiscal cliff deadline, government workers have joined the push but they want to make sure they're not cut out of the deal. >> federal employees that i represent have offered up $103 billion to the federal deficit. >> reporter: jd cox of the american federation of government employees say they can't afford anymore cuts and going over the fiscal cliff will impact millions of americans. >> there would be a lot of federal employees who would be furloughed or riffed and would lose their jobs. >> reporter: economists say the combination of automatic spending cuts and tax increases that will kick in january 1st if congress and the president don't reach an agreement could plunge the country back into recession. danielle nottingham, cbs news, washington. >> the h
parties are leaving negotiations to the two main power brokers, president obama and house speaker john boehner. >> if the president doesn't agree with our proposal, he has an obligation to families and small businesses to offer a plan of his own. a plan that can pass both chambers of the congress. >> reporter: with the clock ticking toward the fiscal cliff deadline, government workers have joined the push but they want to make sure they're not cut out of the deal. >> federal...
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Jun 22, 2012
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boehner added that the gop needs to enact its own health care reforms. democrats responded by issuing a memo highlighting several popular provisions of the law. >>> coming up next on a friday morning, the weather forecast. in sports, the king is crowned. lebron james and the miami heat roll over the thunder to win the nba championship. >>> and later, a big pay day for a bullied bus monitor. support for her grows as contributions to an online fund approaches $500,000. grows as contributions to an online fund approaches $500,000. if you have copd like i do, you know how hard it can be to breathe and what that feels like. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open a full 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. and it's steroid-free. spiriva does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these m
boehner added that the gop needs to enact its own health care reforms. democrats responded by issuing a memo highlighting several popular provisions of the law. >>> coming up next on a friday morning, the weather forecast. in sports, the king is crowned. lebron james and the miami heat roll over the thunder to win the nba championship. >>> and later, a big pay day for a bullied bus monitor. support for her grows as contributions to an online fund approaches $500,000. grows as...
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Dec 28, 2012
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it will take some doing for boehner and reid to get along. it was only yesterday on the senate floor that harry reid called john boehner a dictator. in the past these meetings haven't produced much progress. the goal appears to be to shield most americans from automatic tax increases due to eat into their paychecks starting next week in the form of federal income tax withholding. the president has agreed to raisin come taxes on americans over $400,000. also an effort to extend jobless benefits for america's out of work for six months or more. these are microscopic goals but might be all that the political system with accomplish. >> major, do we have any reason to believe that this time it is different? >> certainly because the deadline is real the house is coming back in session on sunday. everyone is going to be here either to preside over america going over the fiscal cliff and all of us watching it together orr last minute small deal that averts it for a while and leaves more negotiations for the future. >> major garrett thank you very muc
it will take some doing for boehner and reid to get along. it was only yesterday on the senate floor that harry reid called john boehner a dictator. in the past these meetings haven't produced much progress. the goal appears to be to shield most americans from automatic tax increases due to eat into their paychecks starting next week in the form of federal income tax withholding. the president has agreed to raisin come taxes on americans over $400,000. also an effort to extend jobless benefits...
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Apr 24, 2012
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i think speaker boehner recognizes it. he has an expression that when you say follow me and you start walking and look over your shoulder and they're not following you learn you're not leading. you're taking a walk. there was no point giving orders if people weren't going to obey them. >> what about the budget. they said they had to deal with the president and the president didn't follow through but you alluded in your book to the fact that it was boehner who backed down due to pressure. >> what happened is the freshmen and conservative speakers kept pushing speaker boehner farther and farther to the right and he because warned by some of his allies that if he produced a deal with president obama that only got 60 votes, he stood the chance of a mutiny. >> boehner said he was prepared to risk his speakership. do you doubt that? >> i do doubt that. he wins an honor in suicide and -- >> suicide or leadership? leadership takes risks. >> that's true. i think he's temperamentally suited for this job because he recognizes he's go
i think speaker boehner recognizes it. he has an expression that when you say follow me and you start walking and look over your shoulder and they're not following you learn you're not leading. you're taking a walk. there was no point giving orders if people weren't going to obey them. >> what about the budget. they said they had to deal with the president and the president didn't follow through but you alluded in your book to the fact that it was boehner who backed down due to pressure....
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Jan 25, 2012
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she also made it up to speak -- up to house speaker john boehner who kissed her and bid her a tearful good-bye. >>> two aid workers in somalia are free after an overnight raid by u.s. special forces. they had been held by pirates in as a as a matter of somalia. >> reporter: the same u.s. navy seal team that killed osama bin laden carried out the raid in somalia. they rescued american jessica buchanan and a dane. both were working for a danish aid group. members of seal team 6 parachuted in during the middle of the night surprising the somali pirates. u.s. officials confirmed they killed nine. the hostages were not harmed and there were no casualties among the special forces. president obama congratulated defense secretary leon panetta just before his state of the union address tuesday night. [ applause ] >> good job tonight. >> reporter: but the president hide no mention of the raid in the speech. afterwarder, called buchanan's father to report that his daughter was free. intelligence reports indicated buchanan's health was deteriorating and may have added urgency to the mission. >> w
she also made it up to speak -- up to house speaker john boehner who kissed her and bid her a tearful good-bye. >>> two aid workers in somalia are free after an overnight raid by u.s. special forces. they had been held by pirates in as a as a matter of somalia. >> reporter: the same u.s. navy seal team that killed osama bin laden carried out the raid in somalia. they rescued american jessica buchanan and a dane. both were working for a danish aid group. members of seal team 6...
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Dec 14, 2012
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. >> i think speaker boehner has a contentious caucus. >> the president wants to pretend that spending isn't the problem. that's why we don't have an agreement. >> i was ambushed by two men. they pointed a gun at me. took my stuff and pistol- whipped me in the face. >> bart passengers get special police protection. >> i'm now going to speak out and i'm going to speak out big time. >> still wanted in central america, software pioneer john mcafee returns to the u.s. >> just as billed, the highest tides of the bay area hit the bay area. >> the king tides come in fast. >> it's been coming in incredibly fast. it looked like it was filling up a bathtub. >> from across the bay to around the world... the stories that matter on "eyewitness news this morning." >> your realtime captioner: linda marie macdonald >>> good morning. it's friday, december 14. i'm michelle griego. >> hi, everyone. i'm frank mallicoat. it is 6:30 on a chilly day. and an east bay business is in ruins this morning after a fire so intense even the firefighters had to back off this. they still can't get into the building thi
. >> i think speaker boehner has a contentious caucus. >> the president wants to pretend that spending isn't the problem. that's why we don't have an agreement. >> i was ambushed by two men. they pointed a gun at me. took my stuff and pistol- whipped me in the face. >> bart passengers get special police protection. >> i'm now going to speak out and i'm going to speak out big time. >> still wanted in central america, software pioneer john mcafee returns to the...
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Dec 29, 2012
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house speaker john boehner. as they left they sounded like they were closing in on a compromise. >> think it was a very positive meeting. there was not a lot of hilarity in the meeting. everyone knows how important it is. >> we'll be working hard to try to see if we can get there in the next 24 hours, and so i'm hopeful and optimistic. >> the president said the american public is getting frustrated and losing patience with these last-minute negotiations. he says the least congress can do is protect most american tax pairs from rising tax rates due to take effect in the next couple of days. the least, it appears, rebecca, appears to be the most they can do. >> thank you. we'll check back later in the program. for more on how we got into this situation and what happens if nothing happens. michael santoly, it's great to have both of you with us. where does this stand right now? >> right now they're negotiating and things are being worked out behind closed doors by the top leaders in the house and senate and the whi
house speaker john boehner. as they left they sounded like they were closing in on a compromise. >> think it was a very positive meeting. there was not a lot of hilarity in the meeting. everyone knows how important it is. >> we'll be working hard to try to see if we can get there in the next 24 hours, and so i'm hopeful and optimistic. >> the president said the american public is getting frustrated and losing patience with these last-minute negotiations. he says the least...
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Dec 8, 2012
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. >> both are waiting to talk to president obama and house speaker boehner. here on capital here hill boehner says he is still waiting on the white house to respond to the latest proposal. >> this isn't a progress report because there is no progress to report. to >> republicans are offering to extend tax breaks for all americans, close tax loopholes and cut nearly $1.5 trillion in spending. >> i came out the day after election to put revenues on the tame to take a step toward the president to try to resolve this. ,,,,,, ,,,,,, >>> you made it. it is weekend time, and i can vouch for both weather and traffic. weather thumbs up. traffic, thumb's down. here is a live look outside. we have mainly clear skies and mainly congested roads. beautiful weather, though. also in the south bay we're looking good. we are cooling down quickly. many of you will be in the upper 30s by tomorrow morning. concord you will be one of those spots down to 51. san jose, 56 degrees. ground clutter being picked up by our radar. there was no rainfall for 400 miles from san francisco. the
. >> both are waiting to talk to president obama and house speaker boehner. here on capital here hill boehner says he is still waiting on the white house to respond to the latest proposal. >> this isn't a progress report because there is no progress to report. to >> republicans are offering to extend tax breaks for all americans, close tax loopholes and cut nearly $1.5 trillion in spending. >> i came out the day after election to put revenues on the tame to take a step...
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Dec 20, 2012
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the house is set to vote today on speaker john boehner's plan "b." it's already been dismissed by the president, who insists a deal to avoid the fiscal cliff is not that far away. in a new "usa today"/gallup poll, 23% say the economy remains the top issue facing the country. major garrett is at the white house. >> reporter: well, good morning, charlie, norah and gail. the house votes today have slammed the brakes on talks to put together a grand bargain and avert the fiscal cliff. republicans say they need these votes to lay the groundwork for a deal if one can be reached next week. the white house would prefer the republicans skip all this maneuvering and come back to the negotiating table. >> i'm going to continue to talk to the speaker and other leaders up in congress, but ultimately, they've got to do their job. right now their job is to make sure the middle class taxes do not go up and that we have a balanced, responsible package of deficit reduction. >> reporter: the house will vote on some spending cuts and a bill to impose higher income taxes
the house is set to vote today on speaker john boehner's plan "b." it's already been dismissed by the president, who insists a deal to avoid the fiscal cliff is not that far away. in a new "usa today"/gallup poll, 23% say the economy remains the top issue facing the country. major garrett is at the white house. >> reporter: well, good morning, charlie, norah and gail. the house votes today have slammed the brakes on talks to put together a grand bargain and avert the...
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Dec 28, 2012
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obama 54% support compared to 26% for house speaker john boehner. >>> 5:02. a looming dock worker strike threatens to hurt the economy, as well. longshoremen are locked in negotiations with shipping companies over royalties paid to workers for each ton of cargo they move. a shutdown would impact 15 ports along the east coast and the gulf and officials estimate it will cost $1 billion a day. >>> 5:03. let's check traffic and weather. we had a break yesterday but i guess rain is coming back. >> it's all gone. >> hello. >> it didn't last very long. we got rain heading towards the bay area and you can see that low. it's right there. so it hasn't quite hit the bay area yet. but by later on this afternoon, that's when we're going to see light showers and it's going to quickly spread all across the bay area, continuing to tomorrow morning. so it's on approach right now and you can see those showers. bring an umbrella if you are heading outside at all today. so again you won't need it for this morning. the only thing we're talking about are all these cold temperature
obama 54% support compared to 26% for house speaker john boehner. >>> 5:02. a looming dock worker strike threatens to hurt the economy, as well. longshoremen are locked in negotiations with shipping companies over royalties paid to workers for each ton of cargo they move. a shutdown would impact 15 ports along the east coast and the gulf and officials estimate it will cost $1 billion a day. >>> 5:03. let's check traffic and weather. we had a break yesterday but i guess rain is...
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Dec 14, 2012
12/12
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last night president obama and house speaker john boehner met for just under an hour. the brief meeting was described as frank but there is still no sign of a compromise. the white house says the president will not budge in his tax strategy to raise rates on the top 2% of americans. republicans want more cuts to social programs like medicare. >>> a new report showing growth in china's manufacturing sector lifted most asian stocks. hong kong's hang seng gained .5%. tokyo's nikkei shed a fraction. >>> now, you might not know the name but you have seen the unique label that norman woodland developed with another engineer. woodland invented the bar code. now what it is, that rectangle found on about every product we buy in stores. they got a patent for their invention 60 years ago. but the technology to use the bar code was not developed until 1974. norman woodland was 91. let's send it back to you. >> hope he made a couple of bucks with that. >> i'm sure. >>> well, apparently new yorkers will soon be able to hail their taxis just using their phones, right? >> reporter: ah
last night president obama and house speaker john boehner met for just under an hour. the brief meeting was described as frank but there is still no sign of a compromise. the white house says the president will not budge in his tax strategy to raise rates on the top 2% of americans. republicans want more cuts to social programs like medicare. >>> a new report showing growth in china's manufacturing sector lifted most asian stocks. hong kong's hang seng gained .5%. tokyo's nikkei shed a...
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Nov 11, 2012
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and house speaker boehner continue to stake out their ground in the debate over the looming fiscal cliff. both made radio addresses today. the president said any compromise must include higher taxes for families making more than $250,000 a year. the speaker called instead for closing special interest loopholes. campaign 2012 was the most expensive ever. overall spending topped the $6 billion mark, driven by super pacs. as michelle miller now tells us, many low-profile candidates benefitted from super pac money, cash that in some cases came from a single person. >> my job is to make sure they do represent your best interests. >> reporter: carrie bentiviolio won his election this year as a freshman congressman from michigan. >> i'm never, ever going to raise taxes unless there's a war. >> reporter: this former school teacher and political newcomer might not have gotten this far without a super pac,. liberty for all spent $800,000 to help bentiviolio win his republican primary. >> god bless them because it was wonderful. >> reporter: the backing came from john ramsey, a 22-year-old college
and house speaker boehner continue to stake out their ground in the debate over the looming fiscal cliff. both made radio addresses today. the president said any compromise must include higher taxes for families making more than $250,000 a year. the speaker called instead for closing special interest loopholes. campaign 2012 was the most expensive ever. overall spending topped the $6 billion mark, driven by super pacs. as michelle miller now tells us, many low-profile candidates benefitted from...
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Nov 8, 2012
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however, boehner rejected any new taxes that specifically target the rich. after senator john mccain lost the 2008 presidential race much of the republican spotlight landed on his vice presidential pick sarah palin. now her observers are wondering if the same thing will happen to mitt romney's running mate paul ryan. chip reid is in janesville wisconsin, with that. chip, good morning. >> reporter: good morning, norah. paul ryan is spending some down time with his family in his hometown of janesville wisconsin, before heading back to washington, and yes, he will be heading back to washington because while he lost the vice presidential bid, he was overwhelmingly re-elected by the people of this district to his seat in congress. and now, just two days after election day, talk in political circles is already turning to paul ryan's political future. for mitt romney losing the presidential campaign likely means the end of the political road, but for paul ryan defeat could lead to a new beginning. >> i don't know if he covered himself with glory, but i think he kin
however, boehner rejected any new taxes that specifically target the rich. after senator john mccain lost the 2008 presidential race much of the republican spotlight landed on his vice presidential pick sarah palin. now her observers are wondering if the same thing will happen to mitt romney's running mate paul ryan. chip reid is in janesville wisconsin, with that. chip, good morning. >> reporter: good morning, norah. paul ryan is spending some down time with his family in his hometown of...
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Sep 10, 2012
09/12
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if the president wins a second term he might still face a republican house including john boehner as speaker and ryan as chairman of the house budget committee. would compromise be possible? scott pelley ask thed president in an interview for tomorrow's "cbs evening news." >> if you win will you be willing to compromise? what are you willing to give in order to complete this grand bargain on the budget that had failed? >> well, keep in mind that the trillion dollars that we cut, you know, was a painful exercise. there are some programs that are worthy, but we just can't afford right now. and i'm willing to do more on that front. because as i argued at the convention, those of us who believe that government can be a force for good when it comes to creating opportunity for folks who are willing to work hard and play by the rules, to get into the middle class, we have an obligation to make sure government works. and there's still ways there, there are still programs that don't work there are still ways that we can make it leaner and more efficient. so i'm-- you know, more than happy to
if the president wins a second term he might still face a republican house including john boehner as speaker and ryan as chairman of the house budget committee. would compromise be possible? scott pelley ask thed president in an interview for tomorrow's "cbs evening news." >> if you win will you be willing to compromise? what are you willing to give in order to complete this grand bargain on the budget that had failed? >> well, keep in mind that the trillion dollars that...
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Jan 26, 2012
01/12
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the front of the house chamber to personally hand her resignation letter to a clearly moved speaker boehner. her presence prompted wonder at how far she's come, but also sadness about the mobility and speech she's still struggling to regain after that deadly mass shooting in tucson last year. >> i am so proud of my friend, and it will always be one of the great treasures of my life to have met gabby giffords and to have served with her in this body. >> gabby, we love you. we have missed you. >> reporter: "i missed you, too," said giffords who got a farewell embrace from the president last night before his state of the union address. >> whoa, whoa, whoa! if you suspected a company f ou >>> good evening, i'm dana king. >> i'm allen martin. >>> if you suspected a company of ripping you off, would you continue doing business with it? that's what the state is doing. calpers has awarded a multi- million dollar contract to a firm accused of defrauding the giant pension fund. sam shane on why calpers says it's better than the alternative. >> outpatient prescription coverage program will be managed
the front of the house chamber to personally hand her resignation letter to a clearly moved speaker boehner. her presence prompted wonder at how far she's come, but also sadness about the mobility and speech she's still struggling to regain after that deadly mass shooting in tucson last year. >> i am so proud of my friend, and it will always be one of the great treasures of my life to have met gabby giffords and to have served with her in this body. >> gabby, we love you. we have...
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Nov 7, 2012
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boehner issued this statement. the american people re-elected the president and elected our majority of the house. if there is a mandate, it is a mandate for both parties to find common ground and take steps together to help our economy grow and create jobs. he goes on to congratulate the president. this is where it's going to be. i mean, what is the president going to do to break this grid lock that's been going on in washington. will this election really change things there. >> pelley: nora, speaker boehner seems to be saying congratulations mr. president, but don't forget, we won too. >> yes. i mean a mandate for common ground. that means we've got to meet in the middle. so each side will have to give presumably but boehner earlier this week said he's not willing to give on the issue of taxes which has always been kind of the main sticking point between these two sides. so we'll see what happens between the two of them. they have a lot of challenges facing this country. it's not just the expiration of the bush t
boehner issued this statement. the american people re-elected the president and elected our majority of the house. if there is a mandate, it is a mandate for both parties to find common ground and take steps together to help our economy grow and create jobs. he goes on to congratulate the president. this is where it's going to be. i mean, what is the president going to do to break this grid lock that's been going on in washington. will this election really change things there. >> pelley:...
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Mar 20, 2012
03/12
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hypothetically speaking, at the end of the day, has your husband ever come home and said to you, oh, that john boehner, what an idiot. >> it has never happened. never, never. he's always upbeat, particularly about congress. >> mrs. obama also described leaving the white house in disguise to shop last year, you may remember that, and thinking her cover was actually blown when a woman approached her. well, it turns out the shorter woman just wanted help with an item she couldn't reach. >>> on the "cbs moneywatch" disney's big box office bomb and a huge bomb it was. apple makes its shareholders very happy. ashley morrison is here with that and so much more. a little good and some bad. >> it was a missed day for asian mark kel. nikkei went up slightly while hong kong's hang seng dropped 1%. we'll get the report on housing starts. we are expecting to see signs if growth in the housing market. on monday the dow inched up 6 points while the nasdaq gained 23. >>> apple is rewarding its shareholders with a dividend. the company says it will pay a quarterly dividend of $2.65 per share starting in july. apple wa
hypothetically speaking, at the end of the day, has your husband ever come home and said to you, oh, that john boehner, what an idiot. >> it has never happened. never, never. he's always upbeat, particularly about congress. >> mrs. obama also described leaving the white house in disguise to shop last year, you may remember that, and thinking her cover was actually blown when a woman approached her. well, it turns out the shorter woman just wanted help with an item she couldn't...
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Nov 8, 2012
11/12
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house speaker john boehner promised his party is willing to get down to business. >> the republican majority here in the house stands ready to work with you to do what's best for our country. >> reporter: both sides will be put to the test almost immediately. the president and congress will have to work together to overcome the looming fiscal cliff. that would involve automatic drastic spending cuts and tax increases at the end the year if no deal is reached. both sides are indicating a give and take. >> we're willing to accept new revenue under the right conditions. what matters is where the increased revenue comes from and what type of reform comes with it. >> it's better to dance than to fight. it's better to work together. >> reporter: and voters are counting on it. tara mergener for cbs news, the white house. >>> cbs moneywatch time now on a thursday. worries about the fiscal cliff are already affecting stocks around the world. erica ferrari with more on that. >> reporter: asian markets tumbled over worries about the looming budget crisis here in the u.s. the nikkei lost 1.5%. hit a thr
house speaker john boehner promised his party is willing to get down to business. >> the republican majority here in the house stands ready to work with you to do what's best for our country. >> reporter: both sides will be put to the test almost immediately. the president and congress will have to work together to overcome the looming fiscal cliff. that would involve automatic drastic spending cuts and tax increases at the end the year if no deal is reached. both sides are...
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May 19, 2012
05/12
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. >> reporter: house speaker john boehner couldn't say how the conflict will be settled. how do you reconcile these two bills? is this going to turn into a fight over gay rights? >> well, we're eager to resolve our differences between the house and senate on the issue of domestic violence. >> reporter: this law allocates more than $600 million a year to help women who have been victimized and to go after their attackers and, norah, part of the reason the fight over the law has been so bitter is that both parties are trying to prove to women voters that they're on their side in an election year. >> o'donnell: all right, nancy, thank you. and raising the ship, how they plan to salvage the "costa condordia." the scale model used by the military to plan the bin laden raid. and how an eclipse will turn the sun into a ring of fire, when the "cbs evening news" continues. what makes the sleep number store different? you walk into a conventional mattress store, it's really not about you. they say, "well, if you wanted a firm bed you can lie on one of those. if you want a soft bed
. >> reporter: house speaker john boehner couldn't say how the conflict will be settled. how do you reconcile these two bills? is this going to turn into a fight over gay rights? >> well, we're eager to resolve our differences between the house and senate on the issue of domestic violence. >> reporter: this law allocates more than $600 million a year to help women who have been victimized and to go after their attackers and, norah, part of the reason the fight over the law has...